Test: Bihar Specific (Economy - II) - Software Development MCQ

The correct answer is First.

Key Points

• According to the National Horticulture Board, Bihar has become the largest mushroom-producing state in India by producing more than 28,000 tonnes of mushrooms in the year 2021-22.
• This is a significant increase from the previous year’s production of 23,000 tonnes.
• Bihar’s mushroom production accounts for 10.82% of the total mushrooms produced in the country.

Additional InformationNational Horticulture Board

• National Horticulture Board (NHB) has its headquarters in Gurugram.
• The National Horticulture Board (NHB) was set up by the Government of India in April 1984. 
• It was set up based on recommendations of the "Group on Perishable Agricultural Commodities", headed by Dr M. S. Swaminathan, the then Member (Agriculture), Planning Commission, Government of India.
• The NHB is registered as a Society under the Societies Registration Act 1860.

The correct answer is Option 2.

Key PointsBihar IT Policy 2024:

• The aim of Bihar IT Policy 2024 is to promote the IT industry in Bihar.
• Some of the Key features are:
  • Fixed Capital Subsidy: 30% of fixed Capital Investment up to ₹30 crore OR 10% of interest subvention up to 50% of Project cost or ₹40 crore. Hence, statement 1 is correct and statement 2 is incorrect.
  • Lease Rental Subsidy: 50%  subsidy on Land rental amount for 5 years. Hence, statement 3 is correct.
  • Power Tarif Subsidy: Annual reimbursement of 25% of Energy bill for 5 years. Hence, statement 4 is incorrect.

The correct answer is Option 2.

Key PointsVision India 2047: 

• Vision India@2047 is a project initiated by the NITI Aayog, the apex policy think tank of India, to create a blueprint for India's development in the next 25 years. Vision India@2047 is a project initiated by the NITI Aayog, the apex policy think tank of India, to create a blueprint for India's development in the next 25 years. Hence, Option 2 is correct.
• The project aims to make India a global leader in innovation and technology, a model of human development and social welfare, and a champion of environmental sustainability.
• Objectives:
  • Achieving a USD 30 trillion economy with a per-capita income of USD 18,000-20,000 and strong public finances and a robust financial sector.
  • Building world-class infrastructure and facilities in both rural and urban areas.
  • Eliminating unnecessary interference by the government in the lives of citizens and promoting digital economy and governance.
  • Developing 3-4 global champions in every sector by merger or restructuring and boosting indigenous industry and innovation.
  • Becoming self-reliant in defense and space sectors and enhancing India’s role in the world.
  • Fostering green growth and climate action by increasing renewable energy capacity and reducing carbon emissions.
  • Empowering the youth with skills and education and creating more employment opportunities.
  • Partnering with foreign R&D organizations to build top 10 labs in the country and bringing at least 10 Indian institutions among the top 100 globally.

Additional Information NITI Aayog: 

• The NITI Aayog (National Institution for Transforming India) serves as the apex public policy think tank of the Government of India.
• It was established in 2015 to replace the Planning Commission.
• It follows a bottom-up approach.
• Its initiatives include "15-year road map", "7-year vision, strategy, and action plan", AMRUT, Digital India, Atal Innovation Mission, Medical Education Reform, agriculture reforms, Indices Measuring States’ Performance in Health, Education and Water Management, Sub-Group of Chief Ministers on Rationalization of Centrally Sponsored Schemes, Sub-Group of Chief Ministers on Swachh Bharat Abhiyan, Sub-Group of Chief Ministers on Skill Development, Task Forces on Agriculture and up of Poverty, and Transforming India Lecture Series.

The correct answer is rice, wheat and maize.

 Key Points

AGRICULTUR IN BIHAR

• Bihar is located in the eastern part of India (between 83°-30′ to 88°-00′ longitude), surrounded by Nepal in the north, West Bengal in the east, Uttar Pradesh in the west, and Jharkhand in the south.
• 76% of its population is engaged in agricultural pursuits. Bihar has-
  • Total geographical area= 93.60 lakh hectare,
  • Net cultivated area= 56.03 lakh hectare,
  • Gross cultivated area= 79.46 lakh hectare.
• Principal food crops are paddy, wheat, maize and pulses. Main cash crops are sugarcane, potato, tobacco, oilseeds, onion, chillies and jute.
• Bihar is divided by river Ganges into two parts, the north Bihar with an area of 53.3 thousand square km and the south Bihar having an area of 40.9 thousand square km.
• Bihar is the third largest producer of vegetables and fourth largest producer of fruits in the country.
• It is the largest producer of Litchi, Makhana, Guava, Lady’s finger in India. The state already exports Litchi, Basmati rice and snow pea.
• There are three major types of soil in Bihar i.e. Piedmont Swamp Soil (found in West Champaran district), Terai Soil(found in northern part of the state along the border of Nepal), Gangetic Alluvium (the plain of Bihar is covered by gangetic alluvium both new/Khadar as well as old/Bangar).
• The state was awarded the Krishi KarmanAward for rice production in the year 2013 and for maize production in 2016. The Government of India has conferred the “Krishi Karman Award” to the state on 2nd January 2020, for its achievements in production and productivity of Maize and Wheat.

The correct answer is Reimbursement of electricity tariff for new tourism units for 3 years

Key Points

• The Bihar Tourism Policy 2023 includes various financial incentives for investors, such as reimbursement of land conversion fee, stamp duty, and registration fee, reimbursement of Goods and Services Tax (GST) on commercial operation for up to 5 years; and reimbursement of monthly remuneration paid to tourist guides, but it does not include reimbursement of electricity tariff for new tourism units for 3 years. 
• Hence Option 3 is the answer.

Additional Information

• Bihar Tourism Policy 2023
• Thirty percent capital subsidy on investments up to Rs. 10 crore.
• 25% on sums up to Rs 50 crore in investments.
• 25%, up to a maximum of Rs 25 crore, for investments over Rs 50 crore.
• Land conversion fees, stamp duty, and registration fees are all fully reimbursed.
• Up to five years of 80% reimbursement for Goods and Services Tax (GST) on commercial operations.
• For five years, new tourism units will receive a 100% reimbursement of their electricity tariff.
• A reimbursement of five percent of the monthly compensation paid to tour guides will go to hoteliers and tour operators.For a maximum of two years, the monthly limit for this will be Rs 5000 per guide.
• The policy also covers promotions for MICE (meetings, incentives, conferences, and exhibitions) and incentives for green certification.

The correct answer id 25%

Key Points

• Under the Bihar Tourism Policy 2023, investments exceeding Rs 50 crore are eligible for a capital subsidy of 25%, with a maximum limit of Rs 25 crore.
• The Bihar Tourism Policy 2023 was approved by the Bihar cabinet with the aim of increasing investment in the tourism industry.

Additional Information

• Bihar Tourism Policy 2023
• Thirty percent capital subsidy on investments up to Rs. 10 crore.
• 25% on sums up to Rs 50 crore in investments.
• 25%, up to a maximum of Rs 25 crore, for investments over Rs 50 crore.
• Land conversion fees, stamp duty, and registration fees are all fully reimbursed.
• Up to five years of 80% reimbursement for Goods and Services Tax (GST) on commercial operations.
• For five years, new tourism units will receive a 100% reimbursement of their electricity tariff.
• A reimbursement of five percent of the monthly compensation paid to tour guides will go to hoteliers and tour operators.For a maximum of two years, the monthly limit for this will be Rs 5000 per guide.
• The policy also covers promotions for MICE (meetings, incentives, conferences, and exhibitions) and incentives for green certification.

The correct answer is 36.0 percent.

In News

•  In Bihar, according to the caste-based census report 2022 recently released by the state government, 36.0 percent of the population are from Extremely Backward Classes. 

Key Points

• This is the first time in India any state released the caste-based survey. 
• The purpose of the caste-based survey initiated by the Bihar government is to collect detailed socio-economic data and create better plans and programs for marginalized communities.
• In the report released by the caste-based census, the number of castes in Bihar has been stated as 214.
• According to the report, the total number of population in the state in nearly 13.07 crore. 
• 

The correct answer is Option 3. 

Key Points

SDG 5: SDG 5: Achieve gender equality and empower all women and girls. 

• The goal to eliminate child marriage by 2030 is covered under the United Nations Sustainable Development Goal (SDG) 5, which focuses on achieving gender equality and empowering all women and girls. Hence, Option 3 is correct.
• One of the targets (Target 5.3) under SDG 5 is to "eliminate all harmful practices, such as child, early and forced marriage, and female genital mutilation" by 2030.

Additional InformationSustainable Development Goals (SDGs):

• Sustainable Development Goals (SDGs) are a set of 17 Global Goals with 169 targets and 304 indicators that are interlinked and are designed to serve as a blueprint for a future that is sustainable and accessible to all. 
• The aim of Sustainable Development Goals 2030 is “Transforming the World.”
• There are a total of 17 Sustainable Development Goals:
  • Ending poverty everywhere in all its forms.
  • Ending world hunger by achieving food security, improving nutrition, and promoting sustainable agriculture.
  • Ensuring healthy lives and well-being for everyone at all stages.
  • Ensuring inclusive and equitable quality education and promoting opportunities for lifelong learning.
  • Achieving gender equality and empowering women at all stages of life.
  • Ensuring water availability, sustainable management, and adequate sanitation for all.
  • Ensuring access to affordable, sustainable, reliable, and modern energy for all.
  • Promoting economic growth that is sustainable and inclusive with an assurance of productive employment and decent work for all.
  • Building resilient infrastructure, promoting sustainable and inclusive industrialization that fosters innovation.
  • Reducing inequalities within and among countries.
  • Making human settlements and cities inclusive, safe, and sustainable.
  • Ensuring a sustainable pattern of consumption and production
  • Taking quick actions to combat climate change.
  • Conserving the oceans, seas, and marine resources and using them mindfully.
  • Protecting, promoting, and restoring the sustainable use of terrestrial ecosystems, along with managing forests sustainably, combating desertification, halting biodiversity loss, and reversing land degradation.
  • Promoting peaceful and inclusive societies for sustainable development, providing access to justice for everyone, and building effective, accountable, inclusive institutions at all levels.
  • Strengthening the implementation and revitalizing of the global partnership for sustainable development.

The correct answer is E-Shakti.

Key Points

• NABARD (National Bank for Agriculture and Rural Development) launched the project E-Shakti for the digitization of all members of self-help groups in India.
• The project aimed to digitize the data of around 3 crore members of Self Help Groups across the country.
• E-Shakti helped in creating a comprehensive database of all the members of SHGs which helped in tracking their financial transactions and also provided them with easy access to credit facilities.
• The project also aimed to improve the efficiency of the SHGs and make them more self-sustainable by providing them with necessary training and capacity building.

Additional Information 

• NABARD:​​
  • NABARD is creditor of finance to agriculture and other economical activities.
  • It stands National Bank for Agriculture and Rural Development(NABARD) and formed in year, 12 July 1982.
  • It is with reponsibilities by the government to credit finance for the agriculture and other economic activities.​

The correct answer is 50,000 Crore.

Key Points

• The Government has set a disinvestment target of Rs 50,000 crore for the financial year 2024-25.
• During the current fiscal (2023-24), the revised estimates of disinvestment mop-up has been pegged at Rs 30,000 crore, lower than Rs 51,000 crore budgeted at the time of presentation of Budget last year.